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20 March 2024 | 5 replies
List the rental with a realtor for easier showings and so they can vet tenants for you.
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20 March 2024 | 11 replies
Unless the REALTOR is listing and managing your rental, the use of the TAR is still verboten correct?
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20 March 2024 | 6 replies
Since competition is high and inventory is low on Long Island, I recommend BP members try to go direct to seller which is an active form of building an off-market deal list.
19 March 2024 | 18 replies
Listen to the BP podcasts on STRs Short Term Shop podcasts and go back to the beginning.
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20 March 2024 | 12 replies
In Hickory (about an hour away) I see some listings for brand new duplexes around $380k.
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20 March 2024 | 4 replies
I always request my property manager be listed as "additional insured".
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21 March 2024 | 16 replies
One property is a condo (in CA) that I rent out, and the other property is a house (in NV) that I live in and rent out the other rooms.I quit my W2 job last year to start a business, which is slightly profitable today, but I reinvest everything back into the business.I have a bunch of cash saved up and am comfortable deploying $100K into another property in Las Vegas ($80K down payment + $10K furnishing + $10K margin).The only problem is that I’m not sure how to finance my next house without W2 income.I talked to a few lenders about DSCR loans, and most say they calculate rental income based on the entire house, instead of by the room.I would love to get the creative knowledge of the BP community on how to fund my next home 🙏🏼I'm also open to any lender referrals 😊 Yes - you should check out DSCR Loans, please see a full 10-part series list of resources below that should help!
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19 March 2024 | 25 replies
SSDI should be for 1) veterans 2) the terminally ill 3) people unable to take care of themselves at all and legitamately can't go partying, shopping, or anything and have no other way to survive.
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20 March 2024 | 13 replies
Hey @Ryan Marble, it is something that you can do no problem, like the others have said.Regarding figuring out your return, take some time and look at all the listings that would be similar to what you are planning on AirBNB and VRBO.Look at their nightly rates, occupancy and amenities.
20 March 2024 | 8 replies
I would suggest to the tenant that they consider shopping for a cheaper electricity supplier:https://energizect.com/2.